Economy

Cathay Pacific says will honour tickets sold after New Year's 'mistake'

Cathay Pacific says will honour tickets sold after New Year's 'mistake'

A passenger walks to the First Class counter of Cathay Pacific Airways at Hong Kong Airport in Hong Kong, April 4, 2018. "Yes - we made a mistake but we look forward to welcoming you on board wi...

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The Network showed the

The Network showed the "appearance" of the new Tesla Model C

In fact, he sent out a separate tweet with a list of Tesla stores that would be open until midnight so they could get in just under the wire with their new purchase. As per the credit guidelines, Tesl...

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New year brings new minimum wage throughout NY

New year brings new minimum wage throughout NY

In addition, 13 cities and counties are hiking their minimum wages to $15 an hour or higher in the new year, the nonprofit says. Employees who don't receive at least the new minimum wage after notif...

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Activision Blizzard intends to fire their Chief Financial Officer

Activision Blizzard intends to fire their Chief Financial Officer

The publisher intends to terminate the employment of its Chief Financial Officer Spencer Neumann . Dennis Durkin, who held the post previously and serves now as chief corporate officer, will assume...

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Tesla cuts prices on all models, reveals production numbers

Tesla cuts prices on all models, reveals production numbers

In Q4 2018, Tesla produced a total of 86,555 vehicles, which is 8% more than its prior all-time-high in the third quarter. The company said on Wednesday it had produced 61,394 Model 3s and deliver...

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Court extends detention for Nissan ex-chair Ghosn by 10 days

Court extends detention for Nissan ex-chair Ghosn by 10 days

Former Nissan chairman Carlos Ghosn will be detained at least through January 11, the Tokyo District Court said Monday, as the once revered auto industry figure faces allegations that have mar...

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New Year’s Day Mega Millions jackpot climbs to $425 million

New Year’s Day Mega Millions jackpot climbs to $425 million

If there is a victor for the current Mega Millions jackpot, the cash option would be about $249 million. It's the eighth largest jackpot in the game's history. One winning ticket was sold for that...

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Ky. police cry over burnt Krispy Kreme truck; doughnut humor ensues

Ky. police cry over burnt Krispy Kreme truck; doughnut humor ensues

WLEX reported that the driver of the truck noticed smoke coming from the back and pulled over and safely escaped. Given that fact, police posted some "emotional" pictures "mourning" the loss of th...

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New York’s Minimum Wage Hits $15 On New Year’s Eve

New York’s Minimum Wage Hits $15 On New Year’s Eve

The state's minimum wage is $8.46 an hour as of Tuesday, up from $8.25 an hour in 2018, according to the Florida Department of Economic Opportunity. The minimum wage in Korea is calculated by dividi...

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Tesla releases a video showing us how a Model 3 gets made

Tesla releases a video showing us how a Model 3 gets made

The expiring tax credit will make the Model 3 at least $3,750 more expensive. In case you've been living under a rock, Musk's "funding secured" tweet which claimed that he would take Tesla private...

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Portland Hotel Calls Police on Black Guest Taking Phone Call in Lobby

Portland Hotel Calls Police on Black Guest Taking Phone Call in Lobby

But in his Instagram post, Massey seemed hungry for more than a simple apology. It was from his mother, and it was a family emergency, according to the Independent . Meyers interrupted the call, as...

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Hedge fund makes last-minute $4.4B bid to save Sears

Hedge fund makes last-minute $4.4B bid to save Sears

Sears Holdings, the company that operates the two brands, filed for bankruptcy protection in October and is now awaiting bids to keep some of its remaining stores open. Sears locations that were alr...

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'Partial equipment failure' involving Jet bridge at Baltimore airport leaves 6 injured

'Partial equipment failure' involving Jet bridge at Baltimore airport leaves 6 injured

Multiple emergency services personnel responded to the scene, transporting at least six people to area hospitals with non-life-threatening injuries. "Six individuals were injured in a fall". As medica...

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Computer virus prevents delivery of Saturday's Union-Tribune

Computer virus prevents delivery of Saturday's Union-Tribune

A computer virus disrupted production of The Baltimore Sun , Capital Gazette, Carroll County Times and other Tribune Publishing newspapers across the country, the company said Saturday. The compu...

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Father books multiple flights just to spend Christmas with his daughter

Father books multiple flights just to spend Christmas with his daughter

After the flight to Detroit , she worked three flights with her father as a passenger from Detroit to Fort Myers and back to Detroit , then on to Hartford. Pierce Vaughan is a flight attendant ...

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US Trade Team to Travel to China for Talks

US Trade Team to Travel to China for Talks

Background: The United States and China have not held high-level talks to resolve their ongoing disputes on trade since U.S. President Donald Trump and Chinese President Xi Jinping met over dinner at...

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Next-gen Land Rover Defender coming to U.S. and Canada in 2020

Next-gen Land Rover Defender coming to U.S. and Canada in 2020

Just don't expect the commercial style vehicles of Land Rovers in the past that have served military and NGOs around the globe so well for generations. "On behalf of Land Rover and our retailers, ...

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Boxing Day shoppers queue in Scotland from 2:45am to nab bargains

Boxing Day shoppers queue in Scotland from 2:45am to nab bargains

In-store Boxing Day shopping has been a topic of discussion for several years in the U.K. In 2016, a petition calling for stores to shut down for the day received more than 200,000 signatures. "Peop...

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Sears at Towne East one of 80 stores closing nationwide

Sears at Towne East one of 80 stores closing nationwide

As part of its bankruptcy deal, the once iconic retail chain said it would close more than 170 of its 700 stores by the end of the year. He said he meant to bid $4.6 billion for 500 stores and other o...

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Wells Fargo reaches $857 million settlement for consumer abuses

Wells Fargo reaches $857 million settlement for consumer abuses

Wells Fargo was accused of creating unauthorized accounts and enrolling customers into banking services without their consent, affecting millions of people. Failed to ensure that customers received p...

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Sears faces liquidation if Lampert can't secure financing

Sears faces liquidation if Lampert can't secure financing

It's unusual to see ESL's bid come down to the wire, since Lampert "knows the business better than anyone", said Craig Barbarosh, a partner at law firm Katten Muchin Rosenman who is not involved with ...

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Florida’s Minimum Wage Going Up In The New Year

Florida’s Minimum Wage Going Up In The New Year

The minimum wage for employees who receive tips will grow to $5.44 an hour, up from $5.23 an hour in 2018. Collectively, those policy decisions will result in an extra $5.4 billion worth of pay next y...

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Dow soars 850 points, biggest point gain in 10 years

Dow soars 850 points, biggest point gain in 10 years

It came after Wall Street had suffered its worst-ever Christmas Eve in the previous session. The Dow Jones Industrial Average surged nearly 700 points and the Nasdaq Composite jumped 4%. Wall Stre...

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Beware this fake Amazon Alexa setup app climbing the App Store charts

Beware this fake Amazon Alexa setup app climbing the App Store charts

Last time it was listed that Alexa has added a new feature which can ask your opinion for the song, "do you like it"? Although the exact numbers haven't been revealed, the press release states mil...

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CenturyLink customers get belated coal in their stockings with nationwide outage

We've reached out to CenturyLink for more details and will update this story when we hear back. Today (Dec. 27) at 3:32 p.m., CenturyLink tweeted: "The CenturyLink network is still experiencing a ...

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Trump increasingly frustrated with Treasury Sec. Mnuchin

Trump increasingly frustrated with Treasury Sec. Mnuchin

But Hassett told NBC that even a "few-week shutdown is not going to be something that has any kind of significant effect on the outlook" of the economy. Despite that answer, reporters again asked whet...

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Flipkart, Amazon can’t sell products of companies they have stake in

Flipkart, Amazon can’t sell products of companies they have stake in

While Amazon said it was still examining the implications of the new rules , competitor Snapdeal has welcomed them. In other words, the e-commerce platform's role was to enable thousands of sellers...

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Huawei & ZTE may be squeezed out of United States market

Huawei & ZTE may be squeezed out of United States market

Earlier in the year, US President Donald Trump also issued an order blocking the takeover of US-based Qualcomm by Broadcom, a chip maker based in Singapore, citing national security concerns. The Inte...

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Tokyo stocks rebound in morning after Tuesday's sharp plunge

Tokyo stocks rebound in morning after Tuesday's sharp plunge

The US S&P 500 index and the Nikkei dropped into bear markets with falls of more than 20 per cent from their September peaks as US political uncertainty added to heightened concerns over slowing glo...

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Volatility sends markets lower after record surge

Volatility sends markets lower after record surge

Trading resumed Thursday for European markets, which were closed for the festive season. Harvey Norman rose 2.6 per cent to $3.19, JB Hi-Fi advanced 1.6 per cent to $22.15, Afterpay Touch traded 6.1...

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